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business Updated 19–20 Oct 2026

Pakistan's power and gas sector circular debt reaches record levels

HarZaviya summary · from 7 outlets

Most outlets reported the rising power-sector circular debt, with figures ranging from Rs1.675 trillion to over Rs5 trillion when including the gas sector. A few specifically highlighted K-Electric’s unpaid bills as a major contributor to the increase. While some focused on the overall financial burden, others noted the year-on-year rise in debt. The framing varied between emphasizing the scale of the problem and attributing it to specific causes, such as outstanding payments to K-Electric.

Summary generated by HarZaviya from the headlines and excerpts of the 7 outlets below. Each outlet's own headline is listed under it.

Same story from 7 outlets

Each outlet's own headline, most recent first — read any at its source.

  1. Pakistan's gas sector circular debt hits Rs5.454 trillion as of June 2026

    Pakistan's gas circular debt reaches Rs5.454 trillion by June 2026. A crucial management plan is being finalized with stakeholders before IMF sharing.

  2. Profit 84% identical

    Pakistan's power sector circular debt rises to Rs1.675 trillion, gas sector liabilities reach Rs3.631 trillion

    Power sector debt increases by Rs34 billion, while gas sector liabilities rise by Rs344 billion in FY26; government secures Rs1.225 trillion financing facility to settle outstanding power sector dues

  3. Business Recorder 85% identical

    Total gas sector’s circular debt hits Rs5.454trn

    ISLAMABAD: Federal Minister for Energy (Petroleum Division) Ali Pervaiz Malik said Pakistan’s total gas sector circular debt, along with outstanding payables to indigenous gas and liquefied natural gas (LNG) suppliers, stood at Rs5.454 trillion as of June 30, 2026. In written replies to questions during Monday’s Question Hour in the National Assembly, the minister said the total circular debt s...

  4. Minute Mirror 78% identical

    Circular debt rises Rs61 billion to Rs1.675 trilli...

    Pakistan’s power sector circular debt rose by Rs61 billion to Rs1.675 trillion by June 30, 2026, with the government blaming nonpayment

  5. ProPakistani 66% identical

    K-Electric Responsible for Pakistan’s Worsening Circular Debt

    The Power Division has blamed unpaid K-Electric electricity bills for a Rs. 34 billion increase in the country’s power-sector circular… Read More

  6. ARY News (English) 77% identical

    Pakistan’s power sector circular debt rises to Rs.1.675 billion

    The debt stood at Rs.1641 billion at the end of the 2024-25 financial year, marking an increase of Rs.34 billion over the year.

  7. Hum News English 75% identical

    Power-sector circular debt hits Rs1.675 trillion

    ISLAMABAD: Pakistan’s power-sector circular debt stood at Rs1.675 trillion on June 30, with Energy Minister Awais Leghari telling the National Assembly that outstanding payments involving K-Electric were a major reason for the increase, as the government also reported gas supply constraints, lower electricity tariffs and thousands of Pakistanis imprisoned abroad. The National Assembly session r...

9 articles from 7 outlets, 19 Oct–20 Oct 2026. Headlines and links belong to their outlets — HarZaviya links out and never copies article text. What does % identical mean?